Replication files for Economic Significance in Corporate Finance

All files should be placed in a single folder. (In these files the folder is "C:\RCFS Data")

Tables 1-3
No code; these are summary statistics derived from the Excel file "Top3 Papers 2000-2018"

Table 4
Run Table 4.do

Table 5
Run Table 5.do

Figure 1
Run Figure 1AB.do and Figure 1C.do

Figure 2
Run Figure 2AB.do and Figure 2C.do

Note: These files recreate the figures based on the simulation outputs already created in the 24 files
that begin with "SIXout". Also included are 4 simulation files (beginning with "Sim_p") that show
how the simulations were conducted. These can be run again, but of course will not give exactly the same
results as those reported in the paper. (The 4 included files are for the profitability simulations.
Those for the other dependent variables types are similar and not included here for brevity.)

Table A2
Run Table A2.do

Tables A3-A8
No code; see data in the Excel file "Top3 Papers 2000-2018"